{"id":683,"date":"2009-12-01T23:57:51","date_gmt":"2009-12-02T04:57:51","guid":{"rendered":"https:\/\/www.ashokkarania.com\/blog\/?p=683"},"modified":"2009-12-01T23:57:51","modified_gmt":"2009-12-02T04:57:51","slug":"pcos-grocery-shops-retired-teachers-offer-banking-services","status":"publish","type":"post","link":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/pcos-grocery-shops-retired-teachers-offer-banking-services\/","title":{"rendered":"PCOs, Grocery Shops, Retired Teachers Offer Banking Services"},"content":{"rendered":"<p>Reserve Bank of India (RBI) has allowed banks to appoint the following entities as banking correspondents:<\/p>\n<p>\u2013 Individual kirana (grocery)\/medical \/fair price shop owners<br \/>\n\u2013 Individual Public Call Office (PCO) operators<br \/>\n\u2013 Agents of Small Savings schemes of Government of India\/Insurance Companies<br \/>\n\u2013 Individuals who own Petrol Pumps<br \/>\n\u2013 Retired teachers and<br \/>\n\u2013 Authorised functionaries of well run Self Help Groups (SHGs) linked to banks<\/p>\n<p>The above move will ensure access of banking services to more and more people. It will also open possibilities for digital commerce and technological innovations in BFSI Sector.<\/p>\n<p>Telecom Companies would have loved to be a part of this endeavor as they had the right infrastructure and capabilities which could have been easily leveraged. It could have helped increase their ARPUs as well.<\/p>\n<p>Related Article: <a href=\"http:\/\/www.medianama.com\/2009\/12\/223-rbi-allows-pcos-grocery-shops-to-offer-banking-services-but-not-telcos\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+medianama+%28Medianama%3A+Digital+Media+In+India%29\">MediaNaama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of India (RBI) has allowed banks to appoint the following entities as banking correspondents: \u2013 Individual kirana (grocery)\/medical \/fair price shop owners \u2013 Individual Public Call Office (PCO) operators \u2013 Agents of Small Savings schemes of Government of India\/Insurance Companies \u2013 Individuals who own Petrol Pumps \u2013 Retired teachers and \u2013 Authorised functionaries [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32],"tags":[212,1407,1706],"class_list":["post-683","post","type-post","status-publish","format-standard","hentry","category-technology","tag-banking","tag-rbi","tag-telecom-companies"],"acf":[],"_links":{"self":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts\/683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/comments?post=683"}],"version-history":[{"count":0,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/posts\/683\/revisions"}],"wp:attachment":[{"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/media?parent=683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/categories?post=683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ashok-karania-wordpress.staging9.com\/index.php\/wp-json\/wp\/v2\/tags?post=683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}